Russia-Ukraine War: Ukrainian Strikes on Oil Refineries Raise Global Energy Concerns
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Ukraine Claims Strikes on 12 Russian Oil Refineries in August, US Warns of Global Energy Shock
Ukraine’s military has claimed that it targeted 12 major Russian oil refineries in August, with at least 21 attacks reported against Russia’s oil-refining infrastructure during the month.
The strikes have raised concerns about potential disruptions to Russia’s fuel production and exports. The developments could also have wider implications for global energy markets if prolonged attacks reduce refining capacity or disrupt supplies.
US Treasury Secretary Scott Bessent has pointed to Ukrainian attacks on Russian refineries as one of the factors that could contribute to higher global energy prices. He has warned that continued disruptions could increase the risk of a global energy shock.
The claims come amid the ongoing Russia-Ukraine war, with both sides continuing to target critical infrastructure as the conflict enters another phase of escalation.
